Asia Pacific Frozen Entrée Market Forecast to 2030

Asia Pacific Frozen Entrée Market Forecast to 2030 – Regional Analysis- by Type [Meat-Based Entrees and Plant-Based Entrees (Plant-Based Meat Entrees, Sweet Potato Entrees, Vegetable Entrees, and Others)], Category (Organic and Conventional), and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others).

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Description

The Asia Pacific frozen entrée market is expected to grow from US$ 7,717.61 million in 2022 to US$ 12,261.02 million by 2030. It is estimated to grow at a CAGR of 6.0% from 2022 to 2030.

Growing Consumption of Convenience Foods and Flourishing E-Commerce Industry Fuel the Asia Pacific Frozen Entrée Market

The surge in the consumption of high-quality convenience food owing to changing lifestyles is one of the biggest trends in the food industry. Convenience foods, such as frozen snacks, frozen meals, frozen entrée, and ready-to-eat products, allow consumers to save time and effort associated with ingredient shopping, meal preparation, cooking, consumption, and post-meal cleaning activities. The development and popularity of these food items are ascribed to many social changes; the most notable of these, are the increasing number of smaller households and the rising millennial population worldwide. Due to hectic work schedules, millennials prefer quick and easy meals without compromising on taste and nutrition. These factors are significantly promoting the demand for convenience food among consumers, thereby propelling the Asia Pacific Frozen Entrée Market growth.

In recent decades, the participation of women in workforces has tremendously increased in different countries.

Asia Pacific Frozen Entrée Market Overview

The Asia Pacific frozen entrée market is segmented into China, India, Australia, Japan, South Korea, and the Rest of Asia Pacific. The frozen entrée market in Asia Pacific is rapidly advancing with the growing consumption of convenience food products such as frozen meals. The rising disposable income levels of consumers and the growth of the middle-class population are among the key factors driving the consumption of frozen entrée in the region. The demand for frozen entrée has significantly increased in the region as they are affordable, readily available, convenient, and easy-to-prepare meals. Furthermore, the growth of modern retail distribution platforms, including supermarkets & hypermarkets, convenience stores, and online grocery platforms, has widened the availability and accessibility of frozen entrées to consumers across the region.

Frozen entrée manufacturers are expanding their operations across the Asia Pacific due to a potential customer base, cheap labor, and good manufacturing facilities. Companies such as Conagra Brands, Inc and Tyson Foods, Inc are actively operating in the Asia Pacific Frozen Entrée Market in the region and are unveiling new products. In June 2021, Tyson Foods, Inc. launched the frozen entrée category in Asia Pacific and expanded its roots. The firm also reported that retail sale of the plant-based products category in Asia Pacific gained US$ 16.3 billion in 2020 and is anticipated to surpass US$ 20 billion by 2025. Thus, all the aforementioned factors are expected to boost the Asia Pacific Frozen Entrée Market growth.

Asia Pacific Frozen Entrée Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Frozen Entrée Market Segmentation

The Asia Pacific frozen entrée market is segmented into type, category, distribution channel, and country.

Based on type, the Asia Pacific frozen entrée market is bifurcated into meat based entrées and plant-based entrées. The plant-based entrées segment is further categorized into sweet potato entrées, plant-based meat entrées, vegetable entrées, and other plant-based entrées. The meat-based entrées segment held a largest share of the Asia Pacific frozen entrée market in 2022.

Based on category, the Asia Pacific frozen entrée market is segmented into organic and conventional. The conventional segment held the larger share of the Asia Pacific frozen entrée market in 2022.

Based on distribution channel, the Asia Pacific frozen entrée market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment held the largest share of the Asia Pacific frozen entrée market in 2022.

Based on country, the Asia Pacific frozen entrée market is segmented int o Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific frozen entrée market in 2022.

Impossible Foods Inc, Kellogg Co, Conagra Brands Inc, Nestle SA, Del Monte Foods Inc, Mars Inc, and Amy’s Kitchen Inc are some of the leading companies operating in the Asia Pacific frozen entrée market.

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At 6.0% CAGR, the Asia Pacific Frozen Entrée Market is Speculated to be Worth US$ 12,261.02 Million by 2030, saysthe research team

According tothe research team’ Research, the Asia Pacific frozen entrée market was valued at US$ 7,717.61 million in 2022 and is expected to reach US$ 12,261.02 million by 2030, registering a CAGR of 6.0% from 2022 to 2030. Growing consumption of convenience foods, flourishing e-commerce industry, and strategic initiatives by manufactures are among the critical factors attributed to the Asia Pacific Frozen entrée market.

Manufacturers of frozen entrée are making significant investments in product innovation to expand their customer base and meet emerging consumer demands. They are focusing on providing sugar-free, organic, gluten-free, plant-based, and clean-labeled products, as well as products suitable for a keto diet to suffice the varied requirements of consumers. In September 2022, Impossible Foods launched its first frozen plant-based entrées called “Impossible Bowls.” The single-serve frozen meals are available in eight varieties and can be cooked in five minutes or less, featuring Impossible Food’s different plant-based meat options. The bowls were developed and distributed in partnership with Golden West Food Group and first launched at ~4,000 outlets of Walmart. Increasing focus of people on convenience food products while ensuring the nutritional balance in their diets has encouraged manufacturers to launch nutritionally enriched frozen entrées. Such product innovations help them widen their reach and gain an advantage over their competitors in international markets.

Frozen entrée manufacturers are also adopting business expansion and production capacity scaleup strategies to serve their customers better.

On the contrary, lack of cold chain infrastructure in developing countries hampers the Asia Pacific Frozen entrée market.

Based on type, the Asia Pacific frozen entrée market is bifurcated into meat based entrées and plant-based entrées. The plant-based entrées segment is further categorized into sweet potato entrées, plant-based meat entrées, vegetable entrées, and other plant-based entrées. The meat-based entrées segment held 90.6% share of Asia Pacific frozen entrée market in 2022, amassing US$ 6,990.87 million. It is projected to garner US$ 11,059.62 million by 2030 to expand at 5.9% CAGR during 2022-2030.

Based on category, the Asia Pacific frozen entrée market is segmented into organic, and conventional. The conventional segment held 88.3% share of Asia Pacific frozen entrée market in 2022, amassing US$ 6,811.10 million. It is projected to garner US$ 10,744.81 million by 2030 to expand at 5.9 % CAGR during 2022-2030.

Based on distribution channel, the Asia Pacific frozen entrée market is segmented into Supermarkets and hypermarket, convenience, online retail, and others. The supermarkets and hypermarket segment held 43.1% share of Asia Pacific frozen entrée market in 2022, amassing US$ 3,328.46 million. It is projected to garner US$ 5,208.27 million by 2030 to expand at 5.8 % CAGR during 2022-2030.

Based on country, the Asia Pacific frozen entrée market has been categorized into the Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that the Rest of Asia Pacific captured 40.1% share of Asia Pacific frozen entrée market in 2022. It was assessed at US$ 3,093.99 million in 2022 and is likely to hit US$ 4,715.59 million by 2030, exhibiting a CAGR of 5.4% during 2022-2030.

Key players operating the Asia Pacific frozen entrée market are Impossible Foods Inc, Kellogg Co, Conagra Brands Inc, Nestle SA, Del Monte Foods Inc, Mars Inc, and Amy’s Kitchen Inc among others.

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TABLE OF CONTENTS
1. Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Frozen Entrée Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 Retailers
5. Asia Pacific Frozen Entrée Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Consumption of Convenience Foods
5.1.2 Flourishing E-Commerce Industry
5.2 Market Restraints
5.2.1 Lack of Cold Chain Infrastructure in Developing Countries
5.3 Market Opportunities
5.3.1 Strategic Initiatives by Manufacturers
5.4 Future Trends
5.4.1 Burgeoning Popularity of Plant-Based Frozen Meals
5.5 Impact of Drivers and Restraints:
6. Frozen Entrée Market – Asia Pacific Market Analysis
6.1 Asia Pacific Frozen Entrée Market Revenue (US$ Million), 2020 – 2030
6.2 Asia Pacific Frozen Entrée Market Forecast and Analysis
7. Asia Pacific Frozen Entrée Market Analysis – Type
7.1 Meat Based Entrées
7.1.1 Overview
7.1.2 Meat Based Entrées Market Revenue and Forecast to 2030 (US$ Million)
7.2 Plant-Based Entrées
7.2.1 Overview
7.2.2 Plant-Based Entrées Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Plant-Based Meat Entrées
7.2.3.1 Overview
7.2.3.2 Plant-Based Meat Entrées: Asia Pacific Frozen Entrée Market – Revenue and Forecast to 2028 (US$ Million)
7.2.4 Sweet Potato Entrées
7.2.4.1 Overview
7.2.4.2 Sweet Potato Entrées: Asia Pacific Frozen Entrée Market – Revenue and Forecast to 2028 (US$ Million)
7.2.5 Vegetable Entrées
7.2.5.1 Overview
7.2.5.2 Vegetable Entrées: Asia Pacific Frozen Entrée Market – Revenue and Forecast to 2028 (US$ Million)
7.2.6 Other Plant-Based Entrées
7.2.6.1 Overview
7.2.6.2 Other Plant-Based Entrées: Asia Pacific Frozen Entrée Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Frozen Entrée Market Analysis – Category
8.1 Organic
8.1.1 Overview
8.1.2 Organic Market Revenue and Forecast to 2030 (US$ Million)
8.2 Conventional
8.2.1 Overview
8.2.2 Conventional Market Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Frozen Entrée Market Analysis – Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Overview
9.1.2 Supermarkets and Hypermarkets Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Convenience Stores
9.2.1 Overview
9.2.2 Convenience Stores Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Online Retail
9.3.1 Overview
9.3.2 Online Retail Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Asia Pacific Frozen Entrée Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific Frozen Entrée Market Breakdown by Country
10.1.1.1 Australia Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.1.1 Australia Asia Pacific Frozen Entrée Market Breakdown by Type
10.1.1.1.2 Australia Asia Pacific Frozen Entrée Market Breakdown by Category
10.1.1.1.3 Australia Asia Pacific Frozen Entrée Market Breakdown by Distribution Channel
10.1.1.2 China Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.2.1 China Asia Pacific Frozen Entrée Market Breakdown by Type
10.1.1.2.2 China Asia Pacific Frozen Entrée Market Breakdown by Category
10.1.1.2.3 China Asia Pacific Frozen Entrée Market Breakdown by Distribution Channel
10.1.1.3 India Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.3.1 India Asia Pacific Frozen Entrée Market Breakdown by Type
10.1.1.3.2 India Asia Pacific Frozen Entrée Market Breakdown by Category
10.1.1.3.3 India Asia Pacific Frozen Entrée Market Breakdown by Distribution Channel
10.1.1.4 Japan Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.4.1 Japan Asia Pacific Frozen Entrée Market Breakdown by Type
10.1.1.4.2 Japan Asia Pacific Frozen Entrée Market Breakdown by Category
10.1.1.4.3 Japan Asia Pacific Frozen Entrée Market Breakdown by Distribution Channel
10.1.1.5 South Korea Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.5.1 South Korea Asia Pacific Frozen Entrée Market Breakdown by Type
10.1.1.5.2 South Korea Asia Pacific Frozen Entrée Market Breakdown by Category
10.1.1.5.3 South Korea Asia Pacific Frozen Entrée Market Breakdown by Distribution Channel
10.1.1.6 Rest of Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.6.1 Rest of Asia Pacific Frozen Entrée Market Breakdown by Type
10.1.1.6.2 Rest of Asia Pacific Frozen Entrée Market Breakdown by Category
10.1.1.6.3 Rest of Asia Pacific Frozen Entrée Market Breakdown by Distribution Channel
11. Industry Landscape
11.1 Overview
11.2 New Product Development
11.3 Partnerships
11.4 Other Business Strategies
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
13. Company Profiles
13.1 Impossible Foods Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Kellogg Co
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Conagra Brands Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Nestle SA
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Del Monte Foods Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mars Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Amy’s Kitchen Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
LIST OF TABLES
Table 1. Asia Pacific Frozen Entrée Market Segmentation
Table 2. Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Australia Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. Australia Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Category
Table 5. Australia Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 6. China Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 7. China Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Category
Table 8. China Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 9. India Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 10. India Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Category
Table 11. India Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 12. Japan Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 13. Japan Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Category
Table 14. Japan Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 15. South Korea Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 16. South Korea Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Category
Table 17. South Korea Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 18. Rest of Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 19. Rest of Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Category
Table 20. Rest of Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million) – Distribution Channel
Table 21. Heat Map Analysis by Key Players
LIST OF FIGURES
Figure 1. Asia Pacific Frozen Entrée Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Asia Pacific Frozen Entrée Market
Figure 4. Asia Pacific Frozen Entrée Market – Key Industry Dynamics
Figure 5. Sign Ups for Veganuary Campaign During 2015-2021
Figure 6. Impact Analysis of Drivers and Restraints
Figure 7. Asia Pacific Frozen Entrée Market Revenue (US$ Million), 2020 – 2030
Figure 8. Asia Pacific Frozen Entrée Market Share (%) – Type, 2022 and 2030
Figure 9. Meat Based Entrées Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Plant-Based Entrées Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Plant-Based Meat Entrées Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Sweet Potato Entrées Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Vegetable Entrées Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Other Plant-Based Entrées Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Asia Pacific Frozen Entrée Market Share (%) – Category, 2022 and 2030
Figure 16. Organic Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Conventional Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Asia Pacific Frozen Entrée Market Share (%) – Distribution Channel, 2022 and 2030
Figure 19. Supermarkets and Hypermarkets Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Convenience Stores Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Online Retail Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Asia Pacific Frozen Entrée Market by Key Country – Revenue (2022) (US$ Million)
Figure 24. Asia Pacific Frozen Entrée Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 25. Australia Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26. China Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27. India Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
Figure 28. Japan Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
Figure 29. South Korea Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)
Figure 30. Rest of Asia Pacific Frozen Entrée Market Revenue and Forecasts to 2030 (US$ Million)

The List of Companies – Asia Pacific Frozen Entrée Market
– Impossible Foods Inc
– Kellogg Co
– Conagra Brands Inc
– Nestle SA
– Del Monte Foods Inc
– Mars Inc
– Amy’s Kitchen Inc

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